Intellinetics (INLX) Expected to Announce Quarterly Earnings on Tuesday

Intellinetics (OTCMKTS:INLX) is expected to be announcing its earnings results after the market closes on Tuesday, May 13th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $4.46 million for the quarter.

Intellinetics Price Performance

Intellinetics stock opened at $13.50 on Monday. Intellinetics has a 52 week low of $5.85 and a 52 week high of $16.50. The company has a quick ratio of 0.89, a current ratio of 0.91 and a debt-to-equity ratio of 0.31. The firm’s 50-day simple moving average is $13.00 and its 200 day simple moving average is $13.35. The firm has a market capitalization of $58.24 million, a PE ratio of 90.01 and a beta of 0.45.

Insider Activity at Intellinetics

In other news, Director John C. Guttilla bought 3,000 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The stock was purchased at an average price of $12.00 per share, with a total value of $36,000.00. Following the purchase, the director now owns 24,905 shares of the company’s stock, valued at $298,860. This trade represents a 13.70% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 32.08% of the stock is currently owned by corporate insiders.

About Intellinetics

Intellinetics, Inc designs, develops, tests, markets, and licenses document services and software solutions in the United States. The company operates in two segments, Document Management and Document Conversion. Its software platform allows its customers to capture and manage documents across operations, such as scanned hard-copy documents and digital documents, including Microsoft Office 365, digital images, audio, videos, and emails.